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  • Last updated: Sep 30, 2026 at 06:09pm

Climate change & energy management

Climate change is one of the most pressing global environmental challenges of our time, and we are committed to contributing to a global solution by proactively managing our carbon footprint. We support the global response to climate change in two primary ways: by reducing our own carbon footprint and by delivering those commodities needed to mitigate carbon emissions.

Our Group minimum standard: Air emissions and greenhouse gas emissions and Position statement: Energy and decarbonisation are aligned with the ICMM’s climate change commitments, to SDGs 7 and 13, and to the UNFCCC (United Nations Framework Convention on Climate Change) Paris Agreement. Sibanye-Stillwater was one of 28 international mining and metals companies that committed to the new ICMM climate change position, announced ahead of COP26 (November 2021), which includes a commitment to net zero by 2050 for scope 1,2 and 3 emissions.

Our energy and decarbonisation strategy was refined in 2021 to support delivery on our long-term goal of achieving carbon neutrality by 2040 for scope 1 and 2 emissions. The near-term objectives of the strategy are to: 1) ensure energy security; 2) decrease energy and carbon costs; 3) reduce absolute GHG emissions; 4) improve the carbon footprint of our products and 5) enable value chain decarbonisation.

Delivering on our commitment to carbon neutrality by 2040

Decarbonisation advocacy and just transition

Creating an enabling external
and internal environment for
decarbonisation

Demand-side energy
management (DSEM)
  • Eliminating energy waste and enhancing operational efficiency
  • Minimising load curtailment impact
Strategic energy sourcing

Sourcing low-cost
reliable renewable energy

Technology adoption

Leveraging technology, including digital, storage and hydrogen

Scope 3 emission reduction

Addressing our upstream and downstream emissions as part of our broader value chain

Carbon offsets

Responsible use of carbon offsets to neutralise our remnant hard-to-abate emissions

Mitigation of the risk of energy supply security at our SA operations remains critical. Our foremost decarbonisation lever is the ~765MW portfolio of renewable energy projects in South Africa, where electricity consumption contributes 92% of Group operational emissions. 164 MW of our solar and wind projects are complete, with the remainder to be completed by 2028. The implementation of energy efficiency projects has been instrumental in the continuous reduction of our carbon footprint. These include initiatives relating to ventilation optimisation at our SA gold operations, compressed air optimisation projects at our SA PGM operations, and the installation of solar arrays. For more information, refer to our 2025 climate change supplement.

In February 2026, Sibanye-Stillwater concluded a 138MW per annum renewable energy power purchase agreement (PPA) with NOA, a licensed energy trader to supply the SA operations with renewable energy from a portfolio of aggregated solar and wind generation facilities under a flexible 10-year agreement, supplemented by short-term supply on a take-and-pay basis.

See announcement:

In February 2026, Sibanye-Stillwater concluded a flexible renewable energy PPA with Etana Energy to supply our SA operations with approximately 220MW of renewable electricity from a diversified portfolio of solar and wind generation projects for a period of 10 years.

See announcement:

  • Capacity: 89MW
  • Developer: AIIM consortium (African Infrastructure Investment Managers IAIIM), African Clean Energy Developments (ACED), and Reatile Renewables
  • Location: Northern Cape, South Africa
  • Project cost: R2.4 billion (3rd party financed through PPA)
  • Start of construction: May 2023
  • Scheduled commercial operation: H1 2025

See announcements:

  • Capacity: 103MW
  • Developer: Red Rocket
  • Location: Western Cape, South Africa
  • Project cost: R2.4 billion (3rd party financed through PPA)
  • Start of construction: December 2023
  • Scheduled commercial operation: H2 2025

See announcement:

  • Capacity: 150MW (Sibanye-Stillwater’s contracted capacity 75MWac)
  • Developer: SOLA Group
  • Location: Free State, South Africa
  • Project cost: R2.8 billion (3rd party financed through PPA)
  • Start of construction: December 2023
  • Scheduled commercial operation: H2 2025

See announcement:

  • Capacity: 140MW
  • Developer: AIIM consortium (African Infrastructure Investment Managers (AIIM), African Clean Energy Developments (ACED), and Reatile Renewables
  • Location: Western Cape, South Africa
  • Project cost: R4.9 billion (3rd party financed through PPA)
  • Start of construction: May 2024
  • Scheduled commercial operation: H2 2026

See announcement:

FORECASTED GROUP GHG EMISSIONS AND DECARBONISATION PATHWAY (SCOPE 1 AND 2)
  1. Consideration of organic future growth opportunities

References

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Reporting suite 2025 thumbnails

Report suite 2025

Our 2025 report suite shows how our strategy creates shared value over the short and long term.

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Brickmaking initiative

Economic impact

We are focused on creating value for all of our stakeholders including driving economic growth wherever we operate.

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Robotic sampling at the Columbus metallurgical facility, US PGM operations

Innovation and technology

We invest in digitisation and innovative technologies to make the future of mining safer, more efficient and more sustainable.

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